Assume Division X of the Giraffe Corporation had the following results last year (in thousands). Management's target rate of return is 12% and the weighted average cost of capital is 5%. Its effective tax rate is 40%.

Sales	$6,100,000
Operating income	1,100,000
Total assets	3,000,000
Current liabilities	700,000

Required: For the Division X, calculate:

1. Profit margin percentage.

2. Asset turnover.

3. Return on investment.

4. Residual income.

5. Economic value added (EVA)